Bramasol

JULY 16, 2025

Automation and AI Integration : Automation and AI technologies are being embedded within ERP solutions to enhance customer service, decision-making, predictive analytics, and operational efficiencies, thereby reducing reliance on manual interventions. Energy Storage and Management : As energy storage technologies (e.g.,

SAP

Bramasol

JULY 1, 2025

This ensures that vehicles remain up-to-date with the latest technology and performance improvements without requiring physical visits to service centers. Customers can access the latest technological advancements without waiting for new model releases or major upgrades.

SAP

Bramasol

JULY 22, 2023

From a global perspective, the International Sustainability Standards Board (ISSB), which was established by the IFRS in November 2021 at COP26 in Glasgow, has issued its first two standards. IFRS S1 requires companies to communicate the sustainability risks and opportunities they face over the short, medium, and long term.

IFRS

CFO Leadership

OCTOBER 10, 2023

This technology offers unprecedented rewards, but it also presents new risks that we all must navigate. AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis. For instance, could financial statements generated by ChatGPT withstand audit scrutiny?

Accounting

Bramasol

MAY 16, 2025

Revenue Recognition Compliance: Navigating ASC 606 / IFRS 15 rules for multi-element arrangements and variable consideration. Product and Technology Challenges Feature Creep vs. Product Focus: Pressure to ship more features vs. maintaining simplicity and core value. Audit Readiness: Growing need for internal controls (e.g.,

SAP

Bramasol

NOVEMBER 8, 2021

While these reports represented an important element for communicating a company's corporate-citizenship vision and were also positive public relations initiatives, for the most part they did not contain a lot of hard, auditable data. In the area of climate change, this is often referred to as "carbon accounting".

Compliance

CFO Talks

SEPTEMBER 5, 2024

Choosing the Right Software and Technology Selecting the appropriate financial software is a critical decision. Implementing robust security measures, such as encryption, access controls, and regular audits, is essential to protect sensitive financial information.

IFRS

CFO Talks

SEPTEMBER 30, 2024

In South Africa, we seem to apply IAS 38 with extra caution—thanks in part to our regulatory environment , where bodies like the Independent Regulatory Board for Auditors (IRBA) enforce stringent controls on audit firms that forces them to favour conservatism over practical considerations to avoid fines and penalties from the IRBA.

Accounting Standards

Bramasol

JULY 26, 2024

As shown below, everything that is needed can be combined within a unified architecture that leverages the inherent scalability of S/4HANA Public Cloud and SAP Business Technology Platform (BTP). GAAP, IFRS) for various countries and ensuring accuracy in financial reporting can add significant complexity and time to the close process.

SAP

CFO Talks

SEPTEMBER 26, 2024

For example, recent amendments to the Companies Act have altered financial reporting and audit requirements, impacting many businesses. Complex Reporting Standards: Adhering to both International Financial Reporting Standards (IFRS) and local regulations can complicate financial reporting.

IFRS

Bramasol

MARCH 24, 2022

Certain climate-related financial statement metrics and related disclosures in a note to its audited financial statements; and ? ISSB was established by the IFRS Foundation in response to the Glasgow COP 26 conference in November 2021. Information about climate-related targets and goals, and transition plan, if any.

Accounting

Future CFO

OCTOBER 27, 2020

Of note for APAC CFOs are findings including: Mandatory electronic transaction reporting in just 15% of jurisdictions regionally, despite COVID-19 swiftly advancing e-filing and e-reporting technology.

Accounting

Future CFO

JULY 3, 2024

Integrated financial sustainability reporting is here In June 2023 the International Sustainability Standards Board (ISSB) issued its first two IFRS Sustainability Disclosure Standards, IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures.

Finance

CFO Leadership

OCTOBER 18, 2023

This technology offers unprecedented rewards, but it also presents new risks that we all must navigate. AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis. For instance, could financial statements generated by ChatGPT withstand audit scrutiny?

Accounting

Future CFO

MAY 1, 2024

As they assist in compliance audits and the monitoring of internal controls to ensure that everyone within the company does their job correctly, they are also expected to thrive and flourish amid the challenges along the way for the benefit of the organisation.

Leadership

CFO Talks

SEPTEMBER 17, 2024

Cloud-Based Solutions: Cloud technology allows CFOs and their teams to access financial data anytime, anywhere. Regular Updates and System Audits Technology changes fast and staying up-to-date is crucial for maintaining system security and efficiency. Automate repetitive tasks to reduce human error and increase efficiency.

Financial Reporting

Planful

JANUARY 19, 2016

Of course, the technology we were using to collect and consolidate financial results back then was pretty arcane. Life is so much easier for accounting and Finance staff now with today’s technology. Consolidating the financial results following US GAAP or IFRS guidelines, including these steps: Performing currency conversions.

IFRS

The Finance Weekly

MARCH 28, 2022

At COP26, the International Financial Reporting Standards Foundation (IFRS Foundation), which supervises accounting standards in more than 140 countries, predominantly in Europe and Asia, announced the formation of the , International Sustainability Standards Board (ISSB). Data validations, controls, and audit trails are extensive.

Finance

CFO Talks

JULY 16, 2024

Held over two days, this year’s event focused on the expanding roles of CFOs in forecasting, planning, and strategic decision-making, highlighting the importance of technological advancements in driving business innovation.

Leadership

Future CFO

NOVEMBER 2, 2020

Jurisdictions in APAC lag significantly behind the adoption of technology to streamline and simplify processes. Many jurisdictions are moving towards international accounting standards such as International Financial Reporting Standards (IFRS) and US Generally Accepted Accounting Principles (GAAP). Report highlights.

Compliance

Jedox Finance

JULY 11, 2023

5 Other sustainability reporting initiatives in development include those of the International Sustainability Standards Board (ISSB), developed by the International Financial Reporting Standards (IFRS) Foundation. The final ESRS requirements are to be passed as law at the end of July 2023 and no later than the end of August 2023.

Financial Planning and Analysis (FP&A)

Planful

SEPTEMBER 5, 2019

And there was the constant dependence on email, a notoriously inefficient, unreliable, and easily avoidable technology that was invented nearly 50 years ago. Along the way, the entire reporting process is tracked to highlight potential risks, reduce compliance and audit costs, and improve efficiency and accuracy. .

Financial Reporting

Musings on Markets

OCTOBER 19, 2021

The first is that technology has made it possible to collect more granular data, and on more dimensions of business, than ever before in history, and to report that data. As we look at the explosion of disclosures around the world, there are many obvious culprits.

Profit and Loss

CFO Talks

JUNE 8, 2022

CFOs will be expected to provide a robust ESG audit trail to boost investor confidence in the near future, including underlying assumptions, models, and a paper trail of the internal controls underpinning the information provided. Technological improvements also mean there is an incentive for CFOs to get ahead of the problem. “I

CFO

Planful

FEBRUARY 21, 2017

From the collection and consolidation of financial results, to the creation of year-end financial statements, to audits and regulatory filings – finance teams are often distraught throughout the process. But thanks to technology, the process need not be such a stressful and painful affair anymore.

Reconciliations

Spreadym

AUGUST 10, 2023

Compliance: Adherence to accounting standards and regulations, such as Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS). Audit Trail: A record of changes made to financial data and reports, ensuring transparency and accountability.

Financial Reporting

CFO Talks

OCTOBER 1, 2024

Role of Data and Technology: The potential of data as a strategic business asset, but underutilization in South Africa due to regulatory and economic barriers. Comparisons between South Africa and other countries, where open data initiatives and technology sectors are more advanced. IFRS, US GAAP).

Leverage

Onplan

NOVEMBER 30, 2022

Our guide to the best FP&A tools compares each vendor based on five criteria: Adoption — How easy it is for users to adopt the technology and learn and leverage its full extent of features and capabilities. When it comes to reliability, OnPlan is built on the latest cloud-scale database technologies.

Financial Planning and Analysis (FP&A)

CFO Talks

DECEMBER 26, 2021

Today’s podcast is sponsored by Draftworx, which provides automated drafting and working paper financial software to more than 8000 accounting and auditing firms and corporations. The way you would do that is obviously through technology, so there’s a big focus area for CFOs.

CFO

Bramasol

APRIL 7, 2025

Device Lifecycles: Managing the rapid evolution of technology and consumer preferences for newer devices is a constant challenge, which impacts inventory turnover and pricing strategies. Better Accounting Compliance: Cloud-based ERP systems ensure accurate financial reporting, adherence to tax laws, and audit readiness.

SAP